EDA

EDA: Over $56 Million in American Rescue Plan Funds Invested Last Week

Last week, the following grants were made under the American Rescue Plan Funds program: August 30, 2022 – U.S. Department of Commerce Invests $15.4 Million in American Rescue Plan Funds to Bolster Infrastructure for Business and Job Growth in West Virginia August 30, 2022 – U.S. Department of Commerce Invests $6 Million in American Rescue Plan Funds…

EDA: $1.5 Million Invested for Critical Infrastructure Needed to Establish Multi-Modal Facility in Jefferson City, MO

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Cole County, Missouri, for rail and transportation infrastructure improvements needed to support economic development in the region. This project will provide a rail spur and other transportation-related infrastructure needed to establish a multi-modal…

EDA: $2 Million Invested for Water System Upgrades to Support New Businesses in Augusta, GA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Development Authority of Augusta, Augusta, Georgia, to boost business and job growth by providing water and sewer improvements at the Augusta Corporate Park. This project will provide the infrastructure necessary to accommodate…

SBA: Improved Surety Bond Process Announced to Provide Streamlined Support for Local Infrastructure Contractors

Improvements are expected to increase and speed access to opportunities related to Infrastructure Investment and Jobs Act The U. S. Small Business Administration (SBA) announced changes today to streamline the submission of Work-in-Process (WIP) information small businesses provide when receiving bonding support through the Surety Bond Guarantee (SBG) Prior Approval Program. Surety bonding is required for any business to bid on…

EDA: Over $28 Million in American Rescue Plan Funds and CARES Act Recovery Assistance Invested Last Week

Last week, the following grants were made under the American Rescue Plan Funds and CARES Act Recovery Assistance programs: August 23, 2022 – U.S. Department of Commerce Invests $4.9 Million in American Rescue Plan Funds to Support Business Development in South Amboy, New Jersey August 23, 2022 – U.S. Department of Commerce Invests $4.5 Million in CARES…

EDA: $13.5 Million Announced to Support U.S. Manufacturers

Today, U.S. Secretary of Commerce Gina Raimondo announced $13.5 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition and to create jobs. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois, Massachusetts,…

EDA: $3.5 Million Invested for Wastewater System Upgrades to Support Diversified Business Growth in Londonderry Township, PA

oday, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to the Derry Township Municipal Authority, Hershey, Pennsylvania, to boost business and job growth in the region by upgrading the Southwest Wastewater Treatment Plant in Londonderry Township. This project will help attract new businesses to…

EDA: $1.8 Million Invested to Help Establish New STEM Education Training Facility in Woodbine, IA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to IGNITE Pathways, Woodbine, Iowa, to provide equipment for a state-of-the-art STEM career and technical educational training facility. This EDA project supports the launch of IGNITE Pathways Technical School, which will serve as a…

EDA: Over $54 Million in American Rescue Plan Funds Invested Last Week

Last week, the following grants were made under the American Rescue Plan Funds program: August 16, 2022 – U.S. Department of Commerce Invests $6.4 Million in American Rescue Plan Funds to Develop a New Business Facility in Duffield, Virginia August 16, 2022 – U.S. Department of Commerce Invests $4.5 Million in American Rescue Plan Funds for Wastewater…

EDA: Grantees Announced Under 2022 University Center Competition

26 Colleges and Universities in EDA’s Atlanta and Seattle Regions to Host EDA University Center Economic Development Technical Assistance Programs; Nearly One-Third of Selected Institutions Are Minority Serving U.S. Secretary of Commerce Gina Raimondo today announced the grantees of the U.S. Economic Development Administration’s (EDA) 2022 University Center Economic Development Program Competition. EDA is providing…